SAIC Stock Rises as Results Top Estimates on Higher Contract Volume

Key Takeaways Science Applications International Corporation, or SAIC, exceeded profit and sales forecasts on increased contract volume. The government and defense technology provider also raised its full-year EPS guidance. Free cash flow rose 67% year-over-year. Shares of Science Applications International Corporation (SAIC), or SAIC, advanced Thursday when the government and defense technology provider posted better-than-expected results and boosted its guidance as the volume of contracts increased. SAIC ...